cpo_

cpo_ | Joined since 2015-05-30

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Stock

2015-06-11 20:21 | Report Abuse

How low will it drop? RM1.30, 1.20 or even RM1?

Stock

2015-06-11 20:19 | Report Abuse

Thought RM 1.40 low already. Lucky did not buy.

Stock

2015-06-11 20:18 | Report Abuse

If become like 1mdb what will happen to EPF investment in FGV?

Stock

2015-06-11 19:21 | Report Abuse

Please attend AGM next week if you are free and from KL.

Type of Meeting Annual General Meeting
Indicator Notice of Meeting
Description FELDA GLOBAL VENTURES HOLDINGS BERHAD
Notice of Seventh (7th) Annual General Meeting
Date of Meeting 16 Jun 2015
Time 11:00 AM
Venue Banquet Hall 1, Level B2, Menara Felda, Platinum Park, No. 11, Persiaran KLCC, 50088 Kuala Lumpur
Date of General Meeting Record of Depositors 05 Jun 2015
11/06/2015 19:20

Stock

2015-06-11 19:11 | Report Abuse

Why no one suggest IOI takeover FGV? Is it no one hold FGV anymore here?

Stock

2015-06-10 17:36 | Report Abuse

ring, you mean IOI takeover FGV? Mohd Iqbal if you are attending coming AGM please give suggestion someone else(eg IOI) takeover FGV to improve its performance.

Stock

2015-06-04 20:19 | Report Abuse

Palm rallies on anticipation of weaker ringgit, Indian demand

KUALA LUMPUR (June 4): Malaysian palm oil futures ended higher on Thursday in anticipation the ringgit will continue to retreat and on market talk the world's biggest edible oil consumer India will ramp up purchases of refined palm oil.

August palm oil on the Bursa Malaysia Derivatives exchange closed up 1 percent at 2,319 ringgit ($627.60) a tonne, reversing a dip as low as 2,279 ringgit in early trade.

Total traded volume stood at 32,597 lots of 25 tonnes each, below the average 35,000 lots.

"The market anticipates further weakness in the ringgit," said a trader with a local commodities brokerage in Malaysia.

"There were rumours that India will further increase their buying momentum in June and July, with olein being the cheaper oil in the world's vegetable oil market," the trader added.

Palm prices in Malaysia, which set the tone for global prices, jumped to a three-month top of 2,349 ringgit per tonne on Tuesday, tracking soy markets which rallied on increased biodiesel targets in the United States, indicating demand for the edible oil would rise.

The rally lost steam as soyoil prices in the United States and China eased, and as oil prices slipped nearly 3 percent overnight. Low crude oil prices dent demand for palm oil by making the latter less attractive for biofuel blending.

U.S. July soyoil was down 0.4 percent in late Asian trade, while the most active September soybean oil contract on the Dalian Commodity Exchange lost 1 percent.

Crude oil extended losses ahead of a key OPEC meeting to decide production policy at a time of huge global oversupply.

A drop in the Malaysian ringgit helped underpin palm as it made the ringgit-priced commodity cheaper for overseas buyers. The Southeast Asian currency was down 0.3 percent after hitting a seven-week low of 3.7055 on Thursday.

Meanwhile, Indonesia's Coordinating Minister of Economic Affairs Sofyan Djalil told Reuters on Wednesday the top producer's crude palm oil levy may implemented by the second week of June. Senior government ministers had said the levy would be introduced in the fourth week of May.
http://www.theedgemarkets.com/my/article/palm-rallies-anticipation-weaker-ringgit-indian-demand

Stock

2015-06-03 07:30 | Report Abuse

Good morning, I just read NST just now. TSH which is now RM 2.26 is going to pay only 2.5 sen dividend compare to FGV RM 1.95 which is going to pay 4sen(interim) dividend this month. Judge for your self which is better buy if compare price and dividend.

Stock

2015-06-02 22:29 | Report Abuse

I like FGV because it give good dividend(at least 8sen) and it is an index-linked stock. It is also trading at all time low price(no 1 reason for my liking over said IOI, Sime, TSH, Kim Loong, etc) . It is not pure CPO stock. It also has rubber and sugar subsidiary. Poor QR latest qtr is due to flood which affect output in flood prone area in 3 states. I cannot deny production cost is slightly higher for FGV over others but if CPO price keep going and with favourable output FGV can make good profit. Sign of CPO and rubber price going up will make coming QR look better.

Stock

2015-06-02 22:15 | Report Abuse

ring, can you answer my question?
If you are not interested in FGV why you post here? You can post your plantation articles in TSH or whatever counters you support in their respective thread.

Stock

2015-06-02 22:02 | Report Abuse

Mr KYY also said avoid buying property stocks why Ewein can do better than say Mah Sing, EcoWorld, etc?

Stock

2015-06-02 22:02 | Report Abuse

Rental, electricity also need to pay even sales not good.

Stock

2015-06-02 21:59 | Report Abuse

667K revenue 3 mths, 1 mth 222K revenue how many staffs on their payroll every month?
http://klse.i3investor.com/servlets/stk/fin/0118.jsp

Stock

2015-06-02 21:56 | Report Abuse

Losing money never pay dividend why want to buy?

Stock

2015-06-02 20:41 | Report Abuse

Palm hits 3-month high on soyoil rally, weak ringgit

KUALA LUMPUR (June 2): Malaysian palm oil futures hit a three-month high on Tuesday, extending gains into a fourth straight session, buoyed by an overnight rally in soyoil markets and a weak ringgit.

The U.S. July soyoil contract climbed almost 8 percent over the last two sessions, lifted by increased biodiesel targets by the U.S. Environmental Protection Agency - a move that may spur consumption of the edible oil.

Echoing the rise, the August palm oil contract on the Bursa Malaysia Derivatives exchange rose as much as 2.4 percent to 2,349 ringgit ($635.38) a tonne intraday, its highest since March 5. Prices settled 0.8 percent higher at 2,312 ringgit by the day's close.

Total traded volume stood at 40,716 lots of 25 tonnes each, above the average 35,000 lots.

"The market is rising because of the strength in soybean oil, with the ringgit assisting the rise," said Chandran Sinnasamy, head of dealing at LT International Futures in Malaysia, adding that palm has entered a new range between 2,250-2,400 ringgit.

"At the moment everything looks supportive. Palm may fall for correction in an overbought chart,
but will be well supported between 2,280-2,300 ringgit," he said.

Palm prices, also supported by a drop in the ringgit to seven-week lows, have jumped more than 10 percent from a trough of 2,121 ringgit reached on May 25. A weak ringgit makes palm a cheaper option for overseas buyers.

Technical charts show palm oil is expected to break resistance at 2,346 ringgit and rise to the next resistance at 2,385 ringgit, driven by an extended wave C, according to Reuters market analyst Wang Tao.

The U.S. soyoil contract was at 34.32 U.S. cents a pound by 1015 GMT, down 0.6 percent, while the most active September soybean oil contract on the Dalian Commodity Exchange was up 1.3 percent.

In other markets, oil prices rose on Tuesday as the dollar weakened and on expectations that OPEC producers would maintain their group production target at current levels and resist pressure for an increase.
http://www.theedgemarkets.com/my/article/palm-hits-3-month-high-soyoil-rally-weak-ringgit-0

Stock

2015-06-01 20:51 | Report Abuse

Palm soars nearly 4 pct, lifted by soy markets

KUALA LUMPUR (June 1): Malaysian palm oil futures rallied nearly 4 percent to their highest in 2-1/2 months on Monday, tracking a jump in overseas soyoil markets and further underpinned by strong exports for the month of May.

A weak Malaysian currency also stoked buying interest in the ringgit-priced feedstock. The ringgit slid to 3.6810 per dollar, its weakest in almost seven weeks, on concerns that lower crude oil may hurt the country's trade and fiscal accounts.

The August palm oil contract on the Bursa Malaysia Derivatives exchange had risen 3.6 percent to 2,295 ringgit ($623.47) a tonne by Monday's close, after moving between 2,297 and 2,253 ringgit, hitting its highest since March 9.

Total traded volume stood at 34,808 lots of 25 tonnes each, just below the average 35,000 lots.

The U.S. July soyoil contract surged as much as 4.5 percent on Friday, giving a boost to palm oil, a common food and fuel substitute.

The contract was trading at 33.60 U.S. cents per pound by 1009 GMT on Monday, up 0.8 percent, while the most active September soybean oil contract on the Dalian Commodity Exchange was up 1.8 percent.

The rally came after the U.S. Environmental Protection Agency announced an increased target for biodiesel use, for which soyoil is a key feedstock.

"It's the external markets - palm is riding high on everybody's coat tails," said a trader with a foreign commodities brokerage in Kuala Lumpur.

Exports of Malaysian palm oil products for May rose 44.7 percent to 1,553,281 tonnes from 1,073,482 tonnes in April, cargo surveyor Intertek Testing Services said on Monday, thanks to bigger shipments to key buyers India, China and Europe.

Another cargo surveyor Societe Generale de Surveillance reported that exports for the same period rose 44 percent to 1.55 million tonnes.

But signs of a slowdown towards the end of May stoked doubts that the strength in exports could be sustained this month.

"Exports in the last six days (of May) actually dropped, which is disappointing. At the pace of the first 25 days, we were expecting a full month at 1.6-1.7 million tonnes," the Kuala Lumpur trader said.

The trader added that while restocking ahead of the Ramadan festive season may see firm exports in the first two weeks of June, overall exports for the month may be lower than in May.

The Muslim holy month of Ramadan, which begins in mid-June, is marked by communal fasting and feasting by Muslims, which tends to drive up consumption of edible oils.

In other markets, crude oil prices dropped on Monday on expectations that OPEC production would remain high, stoking worries of oversupply despite declining U.S. rig operations.

http://www.theedgemarkets.com/my/article/palm-soars-nearly-4-pct-lifted-soy-markets